Failed Breakout Disconcerting for Commodity Bulls
In early January I got very bullish copper as price was breaking out of a multi-year symmetrical triangle. The trade worked well initially, but price subsequently reversed and fell precipitously. In this video, I take a look at this price action, explain how I build a chart, and what the copper price means for the commodities sector.
As always, I hope this is helpful, and I welcome any feedback or questions.